City:

Chualar, CA

Chualar is a city in the state of california with a population of roughly 2,073. It is in Monterey County, California the Salinas, CA core-based statistical areas (CBSA), Its Zip codes include 93925 .

Trends in Home Prices in Chualar, CA

Chualar is a small town located in the foothills of the Santa Lucia Mountains, about an hour east of Los Angeles. The town was founded in 1887 by a group of Spanish-speaking settlers who named it after Chualar, a small town in Andalusia, Spain. The population was just over 1,000 in 1990 and has since decreased to around 600 residents today.

The majority of Chualar's residents are employed in agriculture or related industries. There is also a small number of businesses and services that provide employment for locals. Tourism is not very important to the economy, although there are some seasonal jobs available during the summer months.

Real estate is one of the main sources of income for Chualar residents. The average home price in Chualar was $269,000 as of March 2016. This is much higher than the statewide average price of $158,500 but lower than the national average price of $247,200. The median home value in Chualar was $191,500 which indicates that half of all homes sold were worth more than this amount and half were worth less.

There are a number of factors that contribute to high prices and demand for real estate in Chualar:

1) proximity to major metropolitan areas such as Los Angeles and San Francisco;

2) strong economy with low unemployment rates;

3) moderate cost of living;

4) limited supply compared to other areas with similar characteristics;

5) strong demand from people who want to live close to nature without having to deal with large city noise and pollution levels;

6) good schools and infrastructure including hospitals and recreational facilities nearby

Price Index: Salinas, CA

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